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China’s New Naval Electronic Surveillance Ship Launched in Shanghai

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Good pictures!
I can't wait to see it cruise in the ocean!
:smitten:
 
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people's life in China is better and better, so is India. I don't think the US economic mode is better than China or India, since it is based high debts and low deposits and will cause a high financial risk.The population of China or India is 4-5 times of US, this means if the gdp per person reaches one fouth of US , our economic will surpass US
Here is what you fail to understand...In order for any economy to grow, there must be consumption, meaning you have to get people to use things, buy more things, and perhaps buy things they do not need but would make their lives easier. If those people, aka 'consumers', are not your own, then you have an export economy. If you have a product that no one can live without, like oil, then you have an assurance of income. But no matter what, you need 'consumers', your own or foreigners.

One way to encourage consumption is through credit, meaning you are willing to extend trust that your customers will pay back LATER what you give them now. Your customers, liking the fact that you are a nice guy and that you do have a product that they feel they must have, will keep their promise and pay you back in full -- eventually. Everyone benefit and the economy grows. So the issue is not debt but the amount of debt versus income ratio that will sustain consumption at a reasonable pace.

But it is not merely about consumers even though everyone is a 'consumer' of something. An Eskimo have no need for refrigerators. A Kalahari Bushman have no need for an iPod. That mean in order to have rapid economic growth, China must target the highest and most dynamic consumers -- Americans -- and not the Kalahari Bushmen.
 
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Here is what you fail to understand...In order for any economy to grow, there must be consumption, meaning you have to get people to use things, buy more things, and perhaps buy things they do not need but would make their lives easier. If those people, aka 'consumers', are not your own, then you have an export economy. If you have a product that no one can live without, like oil, then you have an assurance of income. But no matter what, you need 'consumers', your own or foreigners.

One way to encourage consumption is through credit, meaning you are willing to extend trust that your customers will pay back LATER what you give them now. Your customers, liking the fact that you are a nice guy and that you do have a product that they feel they must have, will keep their promise and pay you back in full -- eventually. Everyone benefit and the economy grows. So the issue is not debt but the amount of debt versus income ratio that will sustain consumption at a reasonable pace.

But it is not merely about consumers even though everyone is a 'consumer' of something. An Eskimo have no need for refrigerators. A Kalahari Bushman have no need for an iPod. That mean in order to have rapid economic growth, China must target the highest and most dynamic consumers -- Americans -- and not the Kalahari Bushmen.

I know that consumption is very import for economy growth. But as you mentioned, the amount of debt should be reasonable and should not be much higher than the income. As I know, Subprime lending crisis is caused by the high credit debts of the US consumer and pushed the global economy into worst recession since World War II.
 
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I know that consumption is very import for economy growth. But as you mentioned, the amount of debt should be reasonable and should not be much higher than the income. As I know, Subprime lending crisis is caused by the high credit debts of the US consumer and pushed the global economy into worst recession since World War II.
So now we head back to what I said earlier...
The reason why the USSR collapsed was not merely about the economy but about the fact that the Soviets had a first rate military but third rate everything else.
The Chinese society is not as much a 'consumer' society as the American society. There is still a high disparity in wealth distribution between the coastal region and interior China. If the US decided to impose a tariff on Chinese import, for example, that would make Chinese import more expensive for US. But will the Chinese society take up where US tariffs left off? It is quicker for US to start and-or re-open our manufacturing capacity to replace the loss of inexpensive Chinese import goods than for rural China to start spending for 240 hz LCDs f rom South Korea. If anything, it is precisely because of the consumer lifestyle in the US that such a re-start is possible. When there is a loss of income from the US, the average Chinese will hang on even tighter to whatever savings he has for the feared for 'rainy days' of economic decline. So without income from the US consumer market, can the PLA support its progress into being a first rate military at the expense of having the rest of the country be third rate at everything else?

China cannot rely on the US to be the economic ladder forever. The US is currently re-learning some hard lessons about managing debt, from the average citizen to our government. We will recover from this economic crisis. The reduction in F-22 procurement is just one sign out of many that the US military does not always gets what it want. Is the PLA as subservient to the Chinese civilian leadership as the US DoD is the US Congress? If not, then China will be Soviet redux.
 
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So now we head back to what I said earlier...
The Chinese society is not as much a 'consumer' society as the American society. There is still a high disparity in wealth distribution between the coastal region and interior China. If the US decided to impose a tariff on Chinese import, for example, that would make Chinese import more expensive for US. But will the Chinese society take up where US tariffs left off? It is quicker for US to start and-or re-open our manufacturing capacity to replace the loss of inexpensive Chinese import goods than for rural China to start spending for 240 hz LCDs f rom South Korea. If anything, it is precisely because of the consumer lifestyle in the US that such a re-start is possible. When there is a loss of income from the US, the average Chinese will hang on even tighter to whatever savings he has for the feared for 'rainy days' of economic decline. So without income from the US consumer market, can the PLA support its progress into being a first rate military at the expense of having the rest of the country be third rate at everything else?

China cannot rely on the US to be the economic ladder forever. The US is currently re-learning some hard lessons about managing debt, from the average citizen to our government. We will recover from this economic crisis. The reduction in F-22 procurement is just one sign out of many that the US military does not always gets what it want. Is the PLA as subservient to the Chinese civilian leadership as the US DoD is the US Congress? If not, then China will be Soviet redux.

Currently, Chinese military is control by the military commission head, who is always the president and the general secretary. The PLA knows that its growth depends on a stable society. And a strong leadership provide that stability. The PLA therefore would not do anything to disrupt that prosperity.
 
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So now we head back to what I said earlier...
The Chinese society is not as much a 'consumer' society as the American society. There is still a high disparity in wealth distribution between the coastal region and interior China. If the US decided to impose a tariff on Chinese import, for example, that would make Chinese import more expensive for US. But will the Chinese society take up where US tariffs left off? It is quicker for US to start and-or re-open our manufacturing capacity to replace the loss of inexpensive Chinese import goods than for rural China to start spending for 240 hz LCDs f rom South Korea. If anything, it is precisely because of the consumer lifestyle in the US that such a re-start is possible. When there is a loss of income from the US, the average Chinese will hang on even tighter to whatever savings he has for the feared for 'rainy days' of economic decline. So without income from the US consumer market, can the PLA support its progress into being a first rate military at the expense of having the rest of the country be third rate at everything else?

China cannot rely on the US to be the economic ladder forever. The US is currently re-learning some hard lessons about managing debt, from the average citizen to our government. We will recover from this economic crisis. The reduction in F-22 procurement is just one sign out of many that the US military does not always gets what it want. Is the PLA as subservient to the Chinese civilian leadership as the US DoD is the US Congress? If not, then China will be Soviet redux.

US should not alwarys borrow trillions dollars from other countries. Why do China always lend our dollars to US? Without our money can you recover from crisis so quickly? The proportion of US is 17.6% in Chinese exportation in 2008. Many countries are growing much faster than US like BRIC and Africa. The proportion of US will be lower and lower. By the way, Chinese military expenditure is 1.2% of our GDP but US' is more than 3.6% of its GDP.
 
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So now we head back to what I said earlier...
The Chinese society is not as much a 'consumer' society as the American society. There is still a high disparity in wealth distribution between the coastal region and interior China. If the US decided to impose a tariff on Chinese import, for example, that would make Chinese import more expensive for US. But will the Chinese society take up where US tariffs left off? It is quicker for US to start and-or re-open our manufacturing capacity to replace the loss of inexpensive Chinese import goods than for rural China to start spending for 240 hz LCDs f rom South Korea. If anything, it is precisely because of the consumer lifestyle in the US that such a re-start is possible. When there is a loss of income from the US, the average Chinese will hang on even tighter to whatever savings he has for the feared for 'rainy days' of economic decline. So without income from the US consumer market, can the PLA support its progress into being a first rate military at the expense of having the rest of the country be third rate at everything else?

China cannot rely on the US to be the economic ladder forever. The US is currently re-learning some hard lessons about managing debt, from the average citizen to our government. We will recover from this economic crisis. The reduction in F-22 procurement is just one sign out of many that the US military does not always gets what it want. Is the PLA as subservient to the Chinese civilian leadership as the US DoD is the US Congress? If not, then China will be Soviet redux.

The steel consumption is 425.7 millions ton(500 millions this year) in China and 97.5 millions ton in US.
The cement consumption is 1.39 billion ton(48.7% of total consumption in the world) in China. US' consumption is much less.
China surpasses US as top vehicle market in 2009
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The consumption of China will surpass US in every aspect in the future.
:china:
 
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